KAR Auction (KAR) Prices 13.5M Secondary Offering at $17.50/Share

Go back to KAR Auction (KAR) Prices 13.5M Secondary Offering at $17.50/Share

KAR Auction (KAR) Stackholders Announces $200M Secondary Offering of Common

November 30, 2012 7:13 AM EST

KAR Auction Services, Inc. (NYSE: KAR) (announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder KAR Holdings II, LLC (the "LLC"), subject to market and other conditions. The LLC is controlled by entities affiliated... More